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john boehner is rowlowering expectations saying the deficit deal probably won't happen when congress returns after the election. it's not called lame duck for nothing. but surprising absolutely no one, everyone will wait to see how who the president will be, who's sitting in the oval office. >> yeah. look, the only reason -- well, two reasons you think this whole fiscal mess gets solved in this period is, one, because they have rather large, looming deadlines like the markets wanted it to happen and tax rates will go up and defense cuts mitt romney thinks are intentional -- never mind. is other reason the such difficult decisions they want to blame it on the old congress. whoever is president, that will still will true. i say the deal gets done. if not the whole thing sh it's because people think if you go beyond the deadline. tax rates go up for a week or two they will get a better deal. who knows? >> if you want to get a vote out of people they are worried about casting to lose office and they have already lost. >> blame the other people. >> do you know where there is bipartisanshi
john boehner is rowlowering expectations saying the deficit deal probably won't happen when congress returns after the election. it's not called lame duck for nothing. but surprising absolutely no one, everyone will wait to see how who the president will be, who's sitting in the oval office. >> yeah. look, the only reason -- well, two reasons you think this whole fiscal mess gets solved in this period is, one, because they have rather large, looming deadlines like the markets wanted it to...
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. >> if it's true that it's not going to add to the deficit, that leaves only one option and that's asking middle class families to foot bill. >> reporter: the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's mocking his plan to cut funds for pbs. >> big bird. >> big bird. >> big bird. >> he's focused on saving big bird. kind of a strange thing in my view because you see i'm focused on helping the american people get good jobs. >> reporter: sesame's street now asked the obama campaign to pull the big bird ad, yet there are weightier questions here as congress looks in to whether the u.s. was warned of the deadly libya attack. >> twice in the six month lead up, you had bombings at our compound there in benghazi and it's 9/11 in libya. what other warnings do you need? >> reporter: warnings of trouble now for president obama, romney's closing the gap. the latest polls, reuters has them tied. gallup has romney up by two. pew has him up by four. and we were talking about the polls in the balgtd ground sta
. >> if it's true that it's not going to add to the deficit, that leaves only one option and that's asking middle class families to foot bill. >> reporter: the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's mocking his plan to cut funds for pbs. >> big bird. >> big bird. >> big bird. >> he's focused on saving big bird. kind of a strange thing in my view because...
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Oct 14, 2012
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he was able to get a $3 billion deficit, convert it into a $2 billion surplus. all of that with working with democrats. so i think you look at scrutinize his successful record as governor and compare it to president obama's failed policies. where his, the economy is still stagnant. where we're not seeing enough jobs being created. and really, i would go with governor romney. >> let's move on here to the message on the stump. we don't have a lot of time today. governor romney made no mention of his much-touted 20% tax cut at his campaign rally in yoi head. t let's talk about it on the other side. >> you paid 14% in federal taxes. that's the capital gains rate. is that fair to the guy who makes $50,000 and paid a higher rate than you did? you think it is fair? >> yeah i think it's the right way to encourage economic growth. >> it's a simple ad, is the ad encouraging the campaign to take the issue off the table. >> a simple ad that they seem to have cut out certain parts of the interview. as you know the ad is misleading. what we do know is that governor romney's e
he was able to get a $3 billion deficit, convert it into a $2 billion surplus. all of that with working with democrats. so i think you look at scrutinize his successful record as governor and compare it to president obama's failed policies. where his, the economy is still stagnant. where we're not seeing enough jobs being created. and really, i would go with governor romney. >> let's move on here to the message on the stump. we don't have a lot of time today. governor romney made no...
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is born by the high income earners. keep saying this $5 trillion plan, i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 20%. you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics? do you have the -- know exactly what you're doing? >> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopho
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is born by the high income earners. keep saying this $5 trillion plan, i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 20%. you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you...
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-- new deficit neutral. in other words, no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> his running mate just dates before, paul ryan directly contradicted romney. ryan said lowering the tax rates was more important than anything else, including getting rid of those deductions to pay for them supposedly. let's watch. >> what's most important to romney, would he scale back on the 20% tax cut for the wealthy? would he scale back and say, okay, we're going to have to raise taxes for the middle class? i guess the question is what's most important to him in his tax reform plan -- >> keeping tax rates down. by lowering tax rates, people keep more of the next dollar they earn. >> that's more important -- >> that'
-- new deficit neutral. in other words, no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> his running mate just dates before, paul ryan directly contradicted romney. ryan said...
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it's not the deficit, it's the economy, wall street, meltdown. he starts talking about we put iraq, afghanistan, wars that biden himself voted for, he went down the wrong route after introducing a good point there. >> paul ryan didn't push him on that, wasn't quick enough to recognize -- >> you voted to are that, sir. >> that would have been painful. the stimulus letter discussion was absolutely devastating. >> i love my friend here. i'm not allowed to show letters. go on our website. he sent me two letters saying, by the way, can you send me stimulus money for companies here in the state of wisconsin? we sent millions of dollars. >> you did ask for stimulus money? >> on two oaks we advocated for constituents who were applying for grants. that's what we do. we do that for all constituents. >> i love that. i love that. >> i love that, too. once again, obstructionist republicans opposing policies that they actually support and know will be valuable for americans. >> the romney team had a bit of an issue this week, romney had a multiple choice situa
it's not the deficit, it's the economy, wall street, meltdown. he starts talking about we put iraq, afghanistan, wars that biden himself voted for, he went down the wrong route after introducing a good point there. >> paul ryan didn't push him on that, wasn't quick enough to recognize -- >> you voted to are that, sir. >> that would have been painful. the stimulus letter discussion was absolutely devastating. >> i love my friend here. i'm not allowed to show letters. go...
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we'd still have a $3 billion deficit. you see, there are not enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out middle class, the tax bill is coming to you. >> so, al -- what do you think, mika? >> al, go ahead. >> you laughed at that line. a lot of people thought that was a strong line. >> okay. it was ridiculous. >> it's actually ridiculous -- both sides are being ridiculous on this because neither one is going to balance the budget. this is the biggest failure in the campaign on both sides is that neither side has made any significant attempt to balance the budget and it's outrageously stupid and what the president is doing is inadequate. >> when we come back, ed gillespie joins us live from kentucky. and then joe cline. and don't miss the weekend review. first, bill karins has the weekend forecast. >> this is a lot of time where people have their plans, whether you'
we'd still have a $3 billion deficit. you see, there are not enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out middle class, the tax bill is coming to you. >> so, al -- what do you think, mika? >> al, go ahead. >> you laughed at that line. a lot of people thought that was a strong line. >> okay. it was ridiculous....
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said he would cut funding to the public broadcasting service in order to help reduce the country's deficit. now the obama camp released a new tongue and cheek ad casting the star as a criminal mastermind. will it be infective? take a look and decide for yourself. >> i'm barack obama and i approve this message. >> bernie madoff, ken lay, gluttons of greed. and the man who towered over him. one man who has the guts to speak his name. >> big bird. >> big bird. >> big, yellow, a menace to our economy. mitt romney knows it's not wall street you have to worry about, it's sesame street. >> i'm going to stopt subsidy to pbs. >> mitt romney taking on enemies no matter where they nest. >> with the presidential election four weeks away, there is new polling out. it shows the race between president obama and mitt romney closer than ever. tracie potts has more on that from washington. good morning. >> lynn, good morning. mitt romney is going to iowa today to a family farm before heading off to ohio where we'll hear his repeat his new campaign line. mitt romney has a new campaign line today. >> hope is
said he would cut funding to the public broadcasting service in order to help reduce the country's deficit. now the obama camp released a new tongue and cheek ad casting the star as a criminal mastermind. will it be infective? take a look and decide for yourself. >> i'm barack obama and i approve this message. >> bernie madoff, ken lay, gluttons of greed. and the man who towered over him. one man who has the guts to speak his name. >> big bird. >> big bird. >> big,...
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no team has ever come back from an 0-2 deficit by winning three game on the road. the giants have a chance to do it tonight. the reds still have not won a play-off game, a home play-off game in 17 years. nats hosting the cardinals in game three. second inning, cardinals up one. edwin jackson for a three run home run. cardinals win 8-0. st. louis leads that series 2-1. they can put the nats away today. all eight teams on the field. giants and reds play game five at 1:00 eastern time today. followed by the nats and cards at 4:00. yankees and close it out against the os and tigers and as all or nothing for those two teams in oakland tonight. >>> well in cycling, the legacy of lance armstrong took another substantial hit yesterday. the u.s. anti-doping agency released 1,000 pages of what it called overwhelming evidence against armstrong and his former cycling team regarding doping charges. 11 of armstrong's former teammates testified against him claiming armstrong not only participated himself in doping but demanded his teammates follow his lead or leave the team. ceo
no team has ever come back from an 0-2 deficit by winning three game on the road. the giants have a chance to do it tonight. the reds still have not won a play-off game, a home play-off game in 17 years. nats hosting the cardinals in game three. second inning, cardinals up one. edwin jackson for a three run home run. cardinals win 8-0. st. louis leads that series 2-1. they can put the nats away today. all eight teams on the field. giants and reds play game five at 1:00 eastern time today....
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we ended up moving from surplus to deficits. and it all culminated in the worst financial crisis since the great depression. >> i suppose mr. romney thought the president wouldn't recognize the term trickle-down if he twisted it around. romney is proposing boilerplate trickle-down economics providing tax relief for businesses with the false hope that they won pocket that money but rather put it into new jobs. help the rich get richer and then they'll help everyone else. but hey, mr. romney's plan as stated in the debate may in fact sound right to you. but don't call it new. it's a been there, done that track record. lower taxes on the rich, simply don't lead to job growth. when you compare the top marginal income tax rate, the tax rate that top earners get taxed over the highest threshold with employment, growth happens when taxes are higher, not lower. let me show you a chart that the president could have used this week to simplify the whole debate. this is what the election boils down to right here. larry bartels' chart makes
we ended up moving from surplus to deficits. and it all culminated in the worst financial crisis since the great depression. >> i suppose mr. romney thought the president wouldn't recognize the term trickle-down if he twisted it around. romney is proposing boilerplate trickle-down economics providing tax relief for businesses with the false hope that they won pocket that money but rather put it into new jobs. help the rich get richer and then they'll help everyone else. but hey, mr....
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how he would reduce the deficit? by when? did anyone ask? >> i mean, there's two components to his tax reform plan. one is a huge tax cut, which is going to add up to $5 trillion. and the other is to pay for it. so he's been explicit about one part, which is the tax cut. he hasn't been detailed about the last part. but obama never pressed him on this. that's your point. these are 90-minute forums, they're highly intense. >> you just did it, mika, so why couldn't he? >> that's what i'm wondering. >> everybody out there, democrats were yelling at the camera. >> because it's been the conversation for a month. and for the president not to know -- >> it's stunning, isn't it, sam? it's stunning. but mike, you know, if romney is moving to the center, if he is changing his positions, that's probably good for him electorally. usually candidates do that -- every candidate does that at the convention. mitt romney seemed to do it in the middle of his first debate. >> yeah, well, he could have done it at the convention and no one would have noticed given
how he would reduce the deficit? by when? did anyone ask? >> i mean, there's two components to his tax reform plan. one is a huge tax cut, which is going to add up to $5 trillion. and the other is to pay for it. so he's been explicit about one part, which is the tax cut. he hasn't been detailed about the last part. but obama never pressed him on this. that's your point. these are 90-minute forums, they're highly intense. >> you just did it, mika, so why couldn't he? >> that's...
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of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my suggestion intended to break this deadlock, this gridlock we've had on getting a budget deal for the last year and a half, let's get off this thing that the first thing we do is say we're going to lower the top rate. in the presidential campaign, the president's campaigning on letting the rate on the highest income people go back to where it was in the clinton years, that makes sense. now some republicans are saying yeah, we may have to do that. that's the way to get a deal done. instead of the kind of gridlock we've had so far. >> now, one of the other issues is the fiscal cliff and the gang of eight
of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my...
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in mitt's plan to cut funding to pbs, would be a drop in the bucket in terms of the deficit but would have a major impact on educational television in america. former reading rainbow host lavar burton will join me tonight. looking forward to that. share your thoughts with us on twitter and on facebook using the hash tag ed show. we're coming right back. schoole world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higr level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. email marketing from constant contact reaches people in a place they're checking every day -- their inbox. and it gives you the tools to create custom emails that drive business. it's just one of the ways constant contact can help you grow your small business. sign up for your free trial today at constantcontact.com/try. >>> welcome back. thanks for watching tonight. good news for the country means republicans are
in mitt's plan to cut funding to pbs, would be a drop in the bucket in terms of the deficit but would have a major impact on educational television in america. former reading rainbow host lavar burton will join me tonight. looking forward to that. share your thoughts with us on twitter and on facebook using the hash tag ed show. we're coming right back. schoole world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their...
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. >> my suspicion is this is true on the deficit. people toll pollsters are worried about the deficit. it's a stand in for, you know, a bad economy or moral degrade asian or whatever it is. i refuse to think many people are showing up on tuesday. >> a lot of times pollsters ask, do you feel strongly about that or not strongly? the problem is they don't know what to do with it. what they do is combine the not strong and the strong and treat them as though they are equal degrees. now, it is a very difficult, i think philosophical opinion or approach or problem to try to differentiate an opinion that matters versus top of the mind. one of the ways we did it, we said, if you supported the bailout, we say how upset would you be if we hadn't supported it, not very upset. >> that's a good question. >> it's a way to find out your opinion is not one you want to represent because you didn't care. >> we should say there's one place or places in which longitudinal studies are measured. gay marriage, for instance. we have a long data set on peopl
. >> my suspicion is this is true on the deficit. people toll pollsters are worried about the deficit. it's a stand in for, you know, a bad economy or moral degrade asian or whatever it is. i refuse to think many people are showing up on tuesday. >> a lot of times pollsters ask, do you feel strongly about that or not strongly? the problem is they don't know what to do with it. what they do is combine the not strong and the strong and treat them as though they are equal degrees. now,...
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in mitt's plan to cut funding to pbs, would be a drop in the bucket in terms of the deficit but would have a major impact on educational television in america. former reading rainbow host lavar burton will join me tonight. looking forward to that. share your thoughts with us on twitter and on facebook using the hash tag ed show. we're coming right back. interior design business. she's got a growing list of clients she keeps in touch with using e-mail marketing from constantcontact.com. constantcontact is easy and affordable. it lets her send out updates and photos that showcase her expertise and inspire her customers for only $15 a month. [ dog barking ] her dream -- to be the area's hottest interior design office. [ children laughing ] right now, she just dreams of an office. get a free trial at constantcontact.com. we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just one
in mitt's plan to cut funding to pbs, would be a drop in the bucket in terms of the deficit but would have a major impact on educational television in america. former reading rainbow host lavar burton will join me tonight. looking forward to that. share your thoughts with us on twitter and on facebook using the hash tag ed show. we're coming right back. interior design business. she's got a growing list of clients she keeps in touch with using e-mail marketing from constantcontact.com....
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you either explode the deficit. raise the middle class tax cuts, something has to give. >> something has to give and we just heard mike say that maybe the thing that gives is mortgage interest deductions. the single most important thing to middle class american families. and that's going to be and we'll get to this later. that's going to be a challenge for paul ryan. i think that what we have experiencing right now and we just said it, is that this sort of style over substance is, is, i don't think going to overtake this race. i think you have a president who was trying to move the facts out. was facing a guy who, who he hadn't seen before. either mitt romney is completely faking everything he said, or he is, is a liar. so -- either way. >> when you see the style over substance, it shouldn't matter. the truth is optics are important. >> look, style -- >> ask richard nixon, the president in 1960. >> i do think in fairness, it is fair for the american people, to want to see their president fight for them. and the bara
you either explode the deficit. raise the middle class tax cuts, something has to give. >> something has to give and we just heard mike say that maybe the thing that gives is mortgage interest deductions. the single most important thing to middle class american families. and that's going to be and we'll get to this later. that's going to be a challenge for paul ryan. i think that what we have experiencing right now and we just said it, is that this sort of style over substance is, is, i...
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and that'll be a big debate. >> i just said don't raise the deficit. >> okay. can i tell you one other thing mike allen sent me, willie? >> what? >> yesterday. as criticism -- >> i don't want to see it. >> sugary sodas intensifies, coke, pepsi, and dr. pepper are rolling out new vending machines that will put calorie counts right at your fingertips. it's a move in the right direction. thank you, mike allen for sending that to me. we need to get that in the show some time today, we also need to talk about the campaign -- >> did somebody put -- >> that's getting fascinating. >> joe, stop blustering. >> thanks, jim. >>> when we come back, the jets try to survive a showdown with the texans on monday night football. he had a chance, one drive to win it all and turn around the season. >> tebow. >> show you how he did. >> tebow. >> orioles/yankees, full highlights when we come back. >>> all right. time for some sports. on monday night football. >> no. >> the new york jets coming off a 34-0 shutout loss to the 49ers last week. had to try to turn it around against the u
and that'll be a big debate. >> i just said don't raise the deficit. >> okay. can i tell you one other thing mike allen sent me, willie? >> what? >> yesterday. as criticism -- >> i don't want to see it. >> sugary sodas intensifies, coke, pepsi, and dr. pepper are rolling out new vending machines that will put calorie counts right at your fingertips. it's a move in the right direction. thank you, mike allen for sending that to me. we need to get that in the...
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trillion, you're not going to tell us one loophole you'd close, you're not going to run up the deficit or taxes on the middle class. >> very quickly -- >> no, no. it goes back to bill clinton. >> there was a story out yesterday that that claim is fiction because you don't count the loophole closing. >> what loophole? >> he talked about mortgage interest. really quickly -- >> mortgage interest? >> he has never talked about mortgage interest. >> the hilarity that there is one -- >> we have one loophole. >> mike, finish, but then i want to get on to something else. >> the president says he wants to lower tax cuts to big corporations. how to pay for it? loopholes. what loopholes? nothing. we'll tell you after the election. you're attacking romney for the same thing. >> i want to talk about the gas prices. one thing that was striking, speaker gingrich, is what some were arguing about the actual numbers. jack welch made a lot of headlines with a tweet that said, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers without any substantiation.
trillion, you're not going to tell us one loophole you'd close, you're not going to run up the deficit or taxes on the middle class. >> very quickly -- >> no, no. it goes back to bill clinton. >> there was a story out yesterday that that claim is fiction because you don't count the loophole closing. >> what loophole? >> he talked about mortgage interest. really quickly -- >> mortgage interest? >> he has never talked about mortgage interest. >> the...
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you have a theory that you try and fix things in the economy, get a more efficient tax code, get the deficit down over time. that that will help you. when you give them truth serum, you're talk and you off the record, the disruption might be tough for the first few months. but they would argue that the longer term, since we're on the right track would be worth it. that's not an argument you see in the debates. it's not the way the argument gets framed. but that's the core ideological dispute in the election. >> on the other side that's been surprising is president obama, they don't talk about their big idea on the jobs. they don't talk about the jobs act. they didn't bring it up in the debates. why do you think that is? because that is a big responsive, a big idea on jobs here. >> there's a great new book called the "new new deal" about the stimulus that came out in 2009 and was almost $8 hundred billion saying it was a great success. it did a lot of things to help this recession from being worse. it's something that the president's political advisers, they do the polling. it does not resona
you have a theory that you try and fix things in the economy, get a more efficient tax code, get the deficit down over time. that that will help you. when you give them truth serum, you're talk and you off the record, the disruption might be tough for the first few months. but they would argue that the longer term, since we're on the right track would be worth it. that's not an argument you see in the debates. it's not the way the argument gets framed. but that's the core ideological dispute in...
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>> here's paul ryan criticizing the stimulus package, how terrible it was, deepening the deficit. then he makes personal requests for his own congressional district. that's a matter of record. i don't think paul ryan looked very good at the end of the day. he believed that stimulus plan was going to create jobs. that's exactly what it did. >> senator, this is ed. i don't know if pressure is the right word or not, but joe biden went in to this debate tonight. he had to accomplish something that maybe wasn't done in last week's debate. you being a veteran of the senate, i know you've known joe for a long time. was there any doubt in your mind that he was going to come out and clear the plate tonight for the middle class? >> no, there wasn't. i didn't want to trump it ahead of time and say it's going to be a great debate for joe biden. you play down a little bit or don't get carried away. i knew when he gave him this assignment and said, joe, you're going to carry this flag into battle, he couldn't wait to get prepared for it. he did great. what's interesting, the republicans around
>> here's paul ryan criticizing the stimulus package, how terrible it was, deepening the deficit. then he makes personal requests for his own congressional district. that's a matter of record. i don't think paul ryan looked very good at the end of the day. he believed that stimulus plan was going to create jobs. that's exactly what it did. >> senator, this is ed. i don't know if pressure is the right word or not, but joe biden went in to this debate tonight. he had to accomplish...
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you've got these crippling deficits, anemic jobs. you've got romney's plan to reverse that. on foreign affairs, you've got a failed foreign policy. yes, they've done more drone attacks, which is good. yes, osama bin laden is dead, which is good. but whether you deal with russia, china or throughout the broader middle east, you have a disaster. we saw that in the killing of the american ambassador in benghazi and a fundamental misunderstanding. >> i want to get to some other issues. i want to get to larger question, which is what is a romney foreign policy? what is going to be different about it than president bush's? less sort of the quote unquote freedom agenda? >> what you're going to have is a foreign policy that's been in the bipartson tradition of strength from kennedy and beyond. one that believes you need a strong economy. you need to have leadership. america's better off and the world is better off when america leads as "the washington post" editorial said today. there's a vacuum in syria. there's a vacuum in the middle east and forces unfriendly to the united states
you've got these crippling deficits, anemic jobs. you've got romney's plan to reverse that. on foreign affairs, you've got a failed foreign policy. yes, they've done more drone attacks, which is good. yes, osama bin laden is dead, which is good. but whether you deal with russia, china or throughout the broader middle east, you have a disaster. we saw that in the killing of the american ambassador in benghazi and a fundamental misunderstanding. >> i want to get to some other issues. i want...
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Oct 6, 2012
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deficit at least significantly by more tax revenue, you're in a pickle because you cannot say we're going to get more tax revenue at the same time and we're going to lower everybody's taxes. i mean, that's an inconsistency. unless you do what the first bush always talked about doing is we're going to grow the economy enough to make for t. we know what happened in the first bush administration. they didn't grow the economy enough. >> the truth about one of mitt romney's most galling lines in wednesday's debate after this. i brought your stuff. you don't have to do this. yes i do. i want you to keep this. it'd be weird. take care. you too. [ sighs ] so how did it go? he's upset. [ male announcer ] spend less time at gas stations with best in class fuel economy. it's our most innovative altima ever. ♪ check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. they're this season's must-have accessory. [ feedback ] attention, well, everyone. yo
deficit at least significantly by more tax revenue, you're in a pickle because you cannot say we're going to get more tax revenue at the same time and we're going to lower everybody's taxes. i mean, that's an inconsistency. unless you do what the first bush always talked about doing is we're going to grow the economy enough to make for t. we know what happened in the first bush administration. they didn't grow the economy enough. >> the truth about one of mitt romney's most galling lines...
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Oct 11, 2012
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now, what's interesting about the budget deficit is where it actually comes from. i think a lot of people presume that the stimulus is responsible for most of that. and in fact, it's not true. if you look at our deficit and our debt, the debt number between 2001 and 2010 has gone way, way up. 17% of that is the bush tax cuts. about 12%, 13% of that are the wars in iraq and afghanistan. the stimulus is responsible for 7%. >> okay. so over the past four years, though, we've had trillion-dollar deficits. >> yep. >> all four years. what's the cause of that? >> well, the cause of that is clearly stimulus spending but also a lack of revenue. the revenue numbers that we had projected were much, much greater. you know, unemployment is responsible for that. lower taxes are responsible for that. and the obama administration has lowered taxes consistently. it's brought in less revenue. >> let's look at the question about the dow jones average. it's fascinating. this president has been seen as being hostile to wall street. wall street believes that wall street has been treated
now, what's interesting about the budget deficit is where it actually comes from. i think a lot of people presume that the stimulus is responsible for most of that. and in fact, it's not true. if you look at our deficit and our debt, the debt number between 2001 and 2010 has gone way, way up. 17% of that is the bush tax cuts. about 12%, 13% of that are the wars in iraq and afghanistan. the stimulus is responsible for 7%. >> okay. so over the past four years, though, we've had...
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Oct 7, 2012
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we have a deficit that is going to kill us. they're not minding the store. now, we come at it from two other spectrums, but they're the same issues, basically the same issues they're focused on. and when the tea party first came in. and i was at a rally down in arizona with a candidate on the first tax day, first april 15th after the tea party was founded. and there were people who were democrats, there were republicans, there were independents who were there rallying on the street. but when they got into the office, they started to morph over to the social issues, so as they have done that, i think the basic premise for the party is very right, frankly. we have got to get serious about these issues. >> president reagan said famously he didn't leave the democratic party, the democratic party left him. do you feel that members of the gop feel that way? do you feel that way? >> oh, i know people feel that way. and i'm certainly verging on that. the party that i saw at the convention when you looked at the clips that -- if you read the -- the platform, the rhet
we have a deficit that is going to kill us. they're not minding the store. now, we come at it from two other spectrums, but they're the same issues, basically the same issues they're focused on. and when the tea party first came in. and i was at a rally down in arizona with a candidate on the first tax day, first april 15th after the tea party was founded. and there were people who were democrats, there were republicans, there were independents who were there rallying on the street. but when...
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Oct 13, 2012
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congress and washington doesn't get the deficit situation taken care of, these tax limitations are coming in, spending cuts are going to happen and that is what businesses are really afraid of. >> one of our headlines, excuses, excuses. i love that because one study says that a third of americans play hooky from work. >> yeah, a third. can you believe that? what is really interesting, too, is what their excuses are. some of the ones that i thought were some of my favorite. one man said that he forgot that he had -- he got hired for the job. >> what? >> yes. another woman said that her grandmother was being exhumed for an investigation. and therefore can't come in to work. her grandmother, someone part of the manson family that was under investigation now? yeah, so, that -- so there's that. and also, people still look at -- employers also investigate whether or not you're coming into work or not. that's something you have to be worried about, too. >> wow. okay, that's pretty good. thank you very much hitha prabhakar. i'm never using either of those now. >> no. >> in this morning's one-minu
congress and washington doesn't get the deficit situation taken care of, these tax limitations are coming in, spending cuts are going to happen and that is what businesses are really afraid of. >> one of our headlines, excuses, excuses. i love that because one study says that a third of americans play hooky from work. >> yeah, a third. can you believe that? what is really interesting, too, is what their excuses are. some of the ones that i thought were some of my favorite. one man...
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Oct 9, 2012
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what we need is for the national security budget to pay its efforts towards reducing the deficit while keeping us safe. we're not fighting china. we're not fighting a coalition of nations. we're fighting, at best, some terrorists in the world. the best thing for that is special operating forces as president obama has shown with the killing of osama bin laden. this is insanity. he's operating on a cold war music sheet. >> cornell, what do you make of donald rumsfeld giving his endorsement to mitt romney's foreign policy speech today? >> that's sort of like having a till of the hen and tell them they are doing all right. donald rumsfeld has zero credibility with me. he would never regain it. >> what about all these bushies who are around mitt romney? john bolten, he talks very recklessly when he talks about containing iran. he scares a lot of people with his rhetoric. does he really believe it and do you think that romney would be influenced by that kind of conversation? >> i think he would, and i think john bolten will be in this administration in some capacity. john will make sure he's
what we need is for the national security budget to pay its efforts towards reducing the deficit while keeping us safe. we're not fighting china. we're not fighting a coalition of nations. we're fighting, at best, some terrorists in the world. the best thing for that is special operating forces as president obama has shown with the killing of osama bin laden. this is insanity. he's operating on a cold war music sheet. >> cornell, what do you make of donald rumsfeld giving his endorsement...
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Oct 7, 2012
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the deficit got much bigger after i left. unemployment today is 10.6%. when i left it was 7%. so i like arnold, i think did he some good things. and some things didn't work out. that can be said of me, it could be said of almost every california governor. >> over the last few months we've seen major cities like stockton and san bernardino as well in california, we've seen those cities go bankrupt. what does it say about the fiscal challenges facing municipalities throughout the country? >> well i think there's a lot of challenges to cities, counties, states and federal government. the short answer is we have to learn to live within our means. i'd like to say when you go do a restaurant and you look at the items on the menu, they all look great. but we don't order everything. if we order everything, we'll die, we can't digest all that. we have to make choices, i believe if we decided to live within 95% of what the revenue brought in today we can make choices that will affect about 95% of the things we can do. when i was governor, that would be just fine and we could rein in spe
the deficit got much bigger after i left. unemployment today is 10.6%. when i left it was 7%. so i like arnold, i think did he some good things. and some things didn't work out. that can be said of me, it could be said of almost every california governor. >> over the last few months we've seen major cities like stockton and san bernardino as well in california, we've seen those cities go bankrupt. what does it say about the fiscal challenges facing municipalities throughout the country?...
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the house republicans won on the tea party deficit and the first thing they did was try to defund planned parenthood. >>> ryan said something incredibly important. we don't want unelected judges making these decisions. that means overturning roe v. wade. that's what they want. >> i want to play a clip of the one moment the supreme court came out. i want to hear from you, michael, right after this break. ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. and the family car to do an experiment. we put a week of her family's smelly stuff all in at once to prove that febreze car vent clips could eliminate the odor. then we brought her family to our test facility to see if it worked. [ woman ] take a dee
the house republicans won on the tea party deficit and the first thing they did was try to defund planned parenthood. >>> ryan said something incredibly important. we don't want unelected judges making these decisions. that means overturning roe v. wade. that's what they want. >> i want to play a clip of the one moment the supreme court came out. i want to hear from you, michael, right after this break. ♪ [ male announcer ] jill and her mouth have lived a great life. but she...
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Oct 9, 2012
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what we need is for the national security budget to pay its efforts towards reducing the deficit while keeping us safe. we're not fighting china. we're not fighting a coalition of nations. we're fighting at best some terrorist in the world and the best thing for that is special operating forces as president obama has shown with the so this is insanity. he is operating on cold war music sheet. >> colonel, what do you make of donald rumsfeld giving his endorse many for romney's foreign policy speech today. >> that will is sort of like having atill atillah the hun. he has zero credibility with me and he will never regain it. >> what about the bushies around mitt romney? john bolton? he talks very wrecklessly when he talks about containing iran. he scarce people with his rhetoric. does he really believe it? do you think romney would be influenced by that kind of conversation? >> i think he would. i think john bolton will be in this administration in some capacity. john will make sure he is in some capacity should romney win. the man scares me to death. he would defeat all of the enemies of
what we need is for the national security budget to pay its efforts towards reducing the deficit while keeping us safe. we're not fighting china. we're not fighting a coalition of nations. we're fighting at best some terrorist in the world and the best thing for that is special operating forces as president obama has shown with the so this is insanity. he is operating on cold war music sheet. >> colonel, what do you make of donald rumsfeld giving his endorse many for romney's foreign...
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Oct 11, 2012
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if they talk about the tax thing too much in the context of deficit reduction, it doesn't help them because that's not the president's strongest turf. >> i know i ask you all of the great questions because you're a great reporter. it sounds like you're saying that the vice president will not go for the kill. he won't nail them on the 47%, nail them on vouchers, nail him on the emergency rooms. will he do that? >> no. look, i had an adviser tell me -- am i going to hear the number 47 and they wouldn't 100% commit to it but they said i would be shocked if you didn't hear the number 47 tonight and 47. but no, no, no, biden's job is to throw -- as somebody said red meat earlier. it's called blue meat if it's for the blue meat. fine. it is supposed to be blue meat. this is a way of going after -- trying to draw the brighter lines with ryan. also fires up the democratic base. remember, that is an issue here after this first debate, which is a demoralizing feeling. biden's job is to fix that tonight. >> he wants to be a cheerleader for the team, he wants to attack him with blue meat or whatever we
if they talk about the tax thing too much in the context of deficit reduction, it doesn't help them because that's not the president's strongest turf. >> i know i ask you all of the great questions because you're a great reporter. it sounds like you're saying that the vice president will not go for the kill. he won't nail them on the 47%, nail them on vouchers, nail him on the emergency rooms. will he do that? >> no. look, i had an adviser tell me -- am i going to hear the number 47...
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Oct 6, 2012
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we are -- i must say we all complain and we want to see the deficit addressed but don't touch my program. however, if romney as a presidential candidate or as president stood up and said look we're going to have to discuss social security. what we're going to do we're not going to touch -- he has said this. not going to touch anybody who is currently receiving social security or those who are about to come in in the next year or so. but if you look the 48-year-old you won't be able to collect social security until you're 70 but you can get it then most will say that's a good deal. i didn't think i would get anything now. pundits say you never want to educate the voter at the last minute which makes it tough for him. i do think he has to be very strong as to what he is going to do, that these are serious issues that that his experience he shouldn't run away from his experience with bain. he should say look were some jobs outsourced yes, but they were going, any way. >> as governor of the state, a wife, a mom. talk about a role model. >> when i started out the kids were little and i wasn't
we are -- i must say we all complain and we want to see the deficit addressed but don't touch my program. however, if romney as a presidential candidate or as president stood up and said look we're going to have to discuss social security. what we're going to do we're not going to touch -- he has said this. not going to touch anybody who is currently receiving social security or those who are about to come in in the next year or so. but if you look the 48-year-old you won't be able to collect...